FinTech Australia and FDATA say ING's planned platform upgrade will invalidate thousands of CDR consents and force consumers to redo the process.
February 8, 2023The ACCC said ING Bank was not capable of receiving consumer data requests from accredited data recipients within the required timelines.
December 19, 2022Under a new bill in Parliament, consumers will be able to instruct accredited third parties to initiate CDR‑powered actions on their behalf.
December 9, 2022A report from Treasury says information about non-bank lending products as well as customer information should be subject to CDR data-sharing obligations.
August 29, 2022The CDR sandbox will reduce the time and cost firms spend trying to become active CDR participants and updating their CDR offerings.
July 25, 2022This is the first infringement notice the ACCC has issued for an alleged breach of the CDR rules as BOQ pays penalty.
July 14, 2022Non‑major Australian banks are being given an additional three months to commence sharing of joint account data.
April 5, 2022The review will explore the extent to which implementation of the CDR drives value for consumers, increases competition, and drives innovation in data services.
February 16, 2022Action initiation functionality will be applied first in the banking sector to enable the development of new, competitive and consumer-focused payment services.
December 23, 2021The sandbox aims to help current and prospective CDR participants build and test their solutions faster, and improve accuracy and quality.
December 1, 2021